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What will I learn?

Program Description

What is actuarial science? It uses analytical and statistical process to assess risk in various industries. It’s no easy job, but if you’re interested in math and statistics, becoming an actuarial science major may be a perfect fit. CMU’s actuarial science program offers you comprehensive training in thinking, reasoning and problem-solving — all of which strengthen your skills for a career in business, industry, government and more. Through professional development, resources, developing contacts through student organizations and free tutoring at the Math Center, you will get the support and opportunities to be successful.

Actuarial Science Major

Why Study Actuarial Science? Actuaries are business professionals who use their mathematical, statistical, and business management skills to assess risk and uncertainty. The major also provides coursework to prepare a graduate for a career in the business world in which the insurance industry is the focus. More direct contact with actuaries comes through the student organization Gamma Iota Sigma. This major consists of 65 hours of course work in mathematics, statistics, accounting, economics, finance, and computer science. The major is designed to give the student the type of background necessary to pursue a career in actuarial science and, in particular, to prepare the student to pass four actuarial exams. There is no required minor. Advisors are from the Department of Statistics, Actuarial and Data Sciences.

Which department am I in?

College of Science and Engineering

Study options

Full Time (120 hours)

Tuition fees
US$18,936.00 per year
Lower Level Tuition (less than 56 credits): ​USD $18,936 Per Year (24 credits); Upper Level Tuition (56 credits or more): USD $19,560​ Per Year (24 credits)
Application deadline

Expected December 2022

Start date

29 August 2022

Venue

Central Michigan University

1200 S Franklin St,

MOUNT PLEASANT,

Michigan,

48859, United States

Entry requirements

For students from United States

Students must have attended all secondary and post-secondary institutions.

For international students

Students are required to complete all secondary and post-secondary institutions.

They must demonstrate a proficiency in English by one of the following methods:

  • Test of English as a Foreign Language (minimum score of 550 PBT, 213 CBT, or 79 IBT)
  • International English Language Testing System (minimum score of 6.5)
  • Michigan English Language Assessment Battery (minimum score of 77)
  • Pearson Test of English (minimum score of 53)
  • ELS Language Center Program: Completion of Level 112

Students competing in intercollegiate athletics must submit a qualifying ACT or SAT score to meet NCAA eligibility requirements. Apply by May 15 if you are beginning classes in the fall semester. Apply by October 1 to begin classes in the spring semester.

*There may be different IELTS requirements depending on your chosen course.

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